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When the corporates responsible to protect investors becomes the pawn for deception, what happens? Sadly, the answer is in the Wirecard, the Brooge Energy scandals.

Bribery and corruption can take many shapes and forms in an organization. This list can be really (but not surprisingly) long. It need not be typical doling out of cash but could be in the nature...

On June 9, 2025, US Deputy Attorney General Todd Blanche issued a memorandum of new guidelines to federal prosecutors for investigations and enforcement of the Foreign Corrupt Practices Act, 1977 (the "FCPA").

On April 1, 2015, the RBI, on review, issued a guideline through its circular on provisioning pertaining to Fraud Accounts.

The sudden and abrupt announcement by the government to make the currency notes of INR 500 and INR 1,000 invalid as legal tender from mid night of 8 November is part of the government's attempt...

The President of India has promulgated Arbitration and Conciliation (Amendment) Ordinance, 2020 (Ordinance) to further amend the Arbitration and Conciliation Act, 1996.

In a recent decision of the Supreme Court, A. Ayyasamy Vs. Respondent: A. Paramasivam and Ors. answered whether allegation of fraud simpliciter would also preclude arbitrability...

A recent decision by a single judge bench of the Delhi High Court on April 30, 2024, has clarified that property attached under the Prevention of Money Laundering Act...

An email querying about the said massacre had also been sent to Google and requested to run advertisements to educate customers about the fake campaigns.

In today's digital age, social media platforms have become powerful tools for reaching potential investors.

The Union Budget 2024 represents a pivotal moment in India's economic journey. The new government has presented a detailed roadmap for India's burgeoning future that would further solidify India's position on the global stage.

Earlier this year, the Supreme Court of India clarified the standard necessary to prove violations of India's Prevention of Corruption Act, 1988 ("PCA"), in a ruling that may limit enforcement of the PCA...

The Bombay High Court in a recent case of Jaiprakash Kulkarni & Anr v the Banking Ombudsman & Ors has directed the Bank of Baroda to refund an amount of Rs 76.9 Lakh, which was fraudulently debited from the customer's account with an interest of 6% per annum.

The decision came where the Court declined the Income Tax Department's plea to release over INR 34.69 crore in fixed deposits seized during a tax raid on Stockguru India, a firm accused of operating Ponzi schemes.

One area of constant challenge for a CFO is the proper recognition of revenues and expenditures and how they are expressed or reflected in the financial statements.

The Rajasthan High Court, in a recent case of Amit Kumar Dave v. State of Rajasthan & Anr, has held that since cheque bounce proceedings initiated under the Negotiable Instruments Act, 1881 ("NI Act") are civil or semi-criminal in nature.

A company cannot use lack of knowledge of an agent's activities as a defence against prosecution under the FCPA.